Marc Arnold

University of St. Gallen - School of Finance

Unterer Graben 21

St.Gallen, CH-9000

Switzerland

Swiss Finance Institute

c/o University of Geneva

40, Bd du Pont-d'Arve

CH-1211 Geneva 4

Switzerland

  • University of St. Gallen - School of Finance

  • Swiss Finance Institute

SCHOLARLY PAPERS

12

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4,620

TOTAL CITATIONS
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SSRN RANKINGS

Top 23,433

in Total Papers Citations

48

Scholarly Papers (12)

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1.

Attention Triggers and Investors' Risk-Taking

Journal of Financial Economics, DOI: 10.1016/j.jfineco.2021.05.031, ADB-IGF Special Working Paper Series “Fintech to Enable Development, Investment, Financial Inclusion, and Sustainability”
Number of pages: 69 Posted: 20 Jul 2020 Last Revised: 27 May 2021
Marc Arnold, Matthias Pelster and Marti G. Subrahmanyam
University of St. Gallen - School of Finance, University of Duisburg-Essen - Mercator School of Management and New York University (NYU) - Leonard N. Stern School of Business
Downloads 842 (63,407)
Citation 20

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Investor Attention, Trading Behavior, Risk-Taking

2.

Growth Options, Macroeconomic Conditions and the Cross-Section of Credit Risk

Journal of Financial Economics (JFE), 2013, vVol. 107, pp. 350-385, Swiss Finance Institute Research Paper No. 10-19
Number of pages: 79 Posted: 17 Mar 2010 Last Revised: 28 Mar 2019
Marc Arnold, Alexander F. Wagner and Ramona Westermann
University of St. Gallen - School of Finance, University of Zurich - Department of Finance and Copenhagen Business School
Downloads 759 (72,791)
Citation 20

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Asset composition, capital structure, credit spread puzzle, equity premium, growth options, macroeconomic risk, value premium

3.

The Influence of Creditor Governance on Firms

Downloads 540 (112,520)
Citation 2

The Influence of Creditor Governance on Firms

University of St.Gallen, School of Finance Research Paper No. 2015/14
Number of pages: 71 Posted: 18 Jul 2015 Last Revised: 28 Jul 2021
Marc Arnold and Ramona Westermann
University of St. Gallen - School of Finance and Copenhagen Business School
Downloads 386 (165,612)

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Debt Renegotiation, Creditor Governance, Debt Pricing

Debt Renegotiations outside Distress

Paris December 2018 Finance Meeting EUROFIDAI - AFFI
Number of pages: 60 Posted: 04 Jun 2018 Last Revised: 19 May 2022
Marc Arnold and Ramona Westermann
University of St. Gallen - School of Finance and Copenhagen Business School
Downloads 154 (415,767)
Citation 2

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Debt Renegotiation, Creditor Governance, Debt Pricing

4.

Pricing, Demand, and Product Design of Innovative Securities: The Role of Investor Information

University of St.Gallen, School of Finance Research Paper No. 2017/04, Paris December 2017 Finance Meeting EUROFIDAI - AFFI
Number of pages: 63 Posted: 15 Mar 2017 Last Revised: 18 Feb 2022
Manuel Ammann, Marc Arnold and Simon Straumann
University of St. Gallen - School of Finance, University of St. Gallen - School of Finance and WHU - Otto Beisheim School of Management
Downloads 529 (115,403)
Citation 1

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structured products, investor information, financial innovation

5.

The Impact of Central Clearing on Banks' Lending Discipline

Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 42 Posted: 19 Nov 2013 Last Revised: 10 Sep 2016
Marc Arnold
University of St. Gallen - School of Finance
Downloads 520 (117,836)
Citation 2

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Credit Risk Transfer, Central Clearing, Lending Discipline, Systemic Risk

6.

Financing Asset Sales and Business Cycles

Review of Finance, Forthcoming
Number of pages: 50 Posted: 19 Nov 2013 Last Revised: 24 Jul 2017
Marc Arnold, Dirk Hackbarth and Tatjana Xenia Puhan
University of St. Gallen - School of Finance, Boston University - Questrom School of Business and University of Mannheim - Department of International Finance
Downloads 422 (151,268)
Citation 1

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Asset Sales, Wealth Transfer Problem, Leverage, Business Cycles, Real Options

7.

Neglected Risk in Financial Innovation: Evidence from Structured Product Counterparty Exposure

Forthcoming, European Financial Management, University of St.Gallen, School of Finance Research Paper No. 2014/6, Swiss Finance Institute Research Paper No. 14-24
Number of pages: 56 Posted: 02 Apr 2014 Last Revised: 10 Jul 2020
Marc Arnold, Dustin Robert Schuette and Alexander F. Wagner
University of St. Gallen - School of Finance, Independent and University of Zurich - Department of Finance
Downloads 418 (152,891)
Citation 2

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Neglected risk, structured products, counterparty risk, investor attention

8.

Shifts in Control Rights and Loan Pricing: Evidence from Creditor Counterparties to Covenant Violations

Swiss Finance Institute Research Paper No. 23-35, Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2024
Number of pages: 73 Posted: 02 Feb 2023 Last Revised: 20 Dec 2024
Marc Arnold, Nicola Kollmann and Angel Tengulov
University of St. Gallen - School of Finance, University of St.Gallen and University of Kansas - School of Business
Downloads 218 (303,674)

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Loan Pricing, Loan Premium Puzzle, Creditor Governance, Control Rights

9.

Banks' Loan Screening Incentives with Credit Risk Transfer: An Alternative to Risk Retention

University of St.Gallen, School of Finance Research Paper No. 2014/2
Number of pages: 37 Posted: 16 Apr 2014 Last Revised: 18 Aug 2014
Marc Arnold
University of St. Gallen - School of Finance
Downloads 156 (411,191)

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Credit Risk Transfer, Callable Credit Default Swaps, Screening Incentives

10.

Banks’ Strategic Trading of Investment Securities and Systemic Risk

Swiss Finance Institute Research Paper No. 23-36
Number of pages: 60 Posted: 08 Dec 2022 Last Revised: 28 Oct 2024
Marc Arnold, Minyue Dong and Romain Oberson
University of St. Gallen - School of Finance, University of Lausanne - Faculty of Business and Economics (HEC Lausanne) and IESEG School of Management
Downloads 152 (420,155)

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investment securities, regulatory arbitrage, banks, systemic risk, strategic trading

11.

Online Appendices to Financing Asset Sales and Business Cycles

Number of pages: 20 Posted: 24 Jul 2017 Last Revised: 16 Sep 2017
Marc Arnold, Dirk Hackbarth and Tatjana Xenia Puhan
University of St. Gallen - School of Finance, Boston University - Questrom School of Business and University of Mannheim - Department of International Finance
Downloads 64 (755,514)

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Asset Sales, Wealth Transfer Problem, Leverage, Business Cycle, Real Options

12.

Managerial Cash Use, Default, and Corporate Financial Policies

Journal of Corporate Finance, Forthcoming
Posted: 31 May 2012 Last Revised: 24 Jun 2014
Marc Arnold
University of St. Gallen - School of Finance

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Cash holdings, default risk, managerial control